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The Independent UK

World

Steffie Banatvala

Why Russian markets jumped after Trump’s tariff threat against Putin

Vladimir Putin Russia United States Donald Trump Melania Trump Stock Market

Speaking alongside Nato chief Mark Rutte in the Oval Office on Monday, US President Donald Trump announced 100 per cent tariffs for Russia if a peace deal is not reached within 50 days.

But rather than be spooked, the Russian stock market rose by 2.7 per cent.

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One subscription that gives you access to news from hundreds of sites

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